Economics ❯ Finance ❯ Inflation ❯ Consumer Prices

Personal Consumption Expenditures

U.S. Shoots Down Iranian Drones and Strikes Bandar Abbas as Oil Surges

The strikes raise the risk that Gulf crude flows will be further constrained, which could lift consumer prices and complicate Federal Reserve policy.

U.S. GDP Contracts 0.5% in Q1 on Import Surge and Spending Weakness